My Way Boat Care A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About My Way Boat Care A/S
My Way Boat Care A/S (CVR number: 16993077) is a company from BILLUND. The company recorded a gross profit of -30.1 kDKK in 2023. The operating profit was -30.1 kDKK, while net earnings were -17.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.8 %, which can be considered poor and Return on Equity (ROE) was -3.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. My Way Boat Care A/S's liquidity measured by quick ratio was 31.2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -63.08 | -1.57 | 16.03 | 0.76 | -30.14 |
EBIT | -63.08 | -1.57 | 16.03 | 0.76 | -30.14 |
Net earnings | -38.99 | 1.71 | 15.99 | 4.33 | -17.06 |
Shareholders equity total | 533.95 | 535.66 | 551.65 | 555.98 | 538.92 |
Balance sheet total (assets) | 550.54 | 545.52 | 569.14 | 569.71 | 552.65 |
Net debt | -16.03 | -26.03 | -2.62 | -7.24 | -20.04 |
Profitability | |||||
EBIT-% | |||||
ROA | -8.7 % | 0.6 % | 3.8 % | 1.1 % | -3.8 % |
ROE | -7.0 % | 0.3 % | 2.9 % | 0.8 % | -3.1 % |
ROI | -8.9 % | 0.6 % | 3.9 % | 1.1 % | -3.9 % |
Economic value added (EVA) | -77.75 | -27.60 | -13.08 | -26.75 | -51.02 |
Solvency | |||||
Equity ratio | 97.0 % | 98.2 % | 96.9 % | 97.6 % | 97.5 % |
Gearing | 0.1 % | 0.9 % | 0.2 % | 0.2 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 27.2 | 45.2 | 25.4 | 32.4 | 31.2 |
Current ratio | 27.2 | 45.2 | 25.4 | 32.4 | 31.2 |
Cash and cash equivalents | 16.03 | 26.51 | 7.62 | 8.46 | 21.27 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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